Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
520 WELLS ROAD is a small extended detached house of 106m², built sometime between 1930 and 1949. It was last sold for £445,000 in June 2021, which was around 23% below the average June 2021 detached price in the City of Bristol local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 520 WELLS ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Bristol local authority area for the corresponding sale date. All of the three 520 WELLS ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2021 30 JUN | £445,000 | £576,185 | 23% below HPI |
2017 25 SEP | £400,000 | £504,920 | 21% below HPI |
2015 28 MAY | £190,000 | £396,230 | 52% below HPI |
The below graph shows the average detached house price in the City of Bristol local authority area over time, sourced from the HPI. The three 520 WELLS ROAD sales between May 2015 and June 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.
520 WELLS ROAD is 106m², which includes two extensions, according to the EPC inspection conducted in October 2016. This puts it in the smallest 40% of detached houses in Bristol, based on EPC data. The below chart shows the distribution of detached houses by size in Bristol, and where 520 WELLS ROAD lies on this distribution: 30% of detached houses are smaller than 520 WELLS ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Bristol.
520 WELLS ROAD sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 520 WELLS ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 520 WELLS ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
520 WELLS ROAD is located in BRISTOL, in the BS14 postcode district. The below map shows the position of No. 520 on WELLS ROAD.